Dow stocks hitting 52-week highs include Caterpillar (CAT) 955.92 (+1.11%), Goldman Sachs (GS) 1099.14 (+0.78%) and JPMorgan (JPM) 333.46 (+0.70%). Dow stocks hitting 52-week lows include Salesforce (CRM) 155.02 (-4.14%).

The Market

Premarket today, the Dow was indicated to be up +233 points.

Wednesday the Dow closed down -507.12 (-0.98%) at 51,492.55.

Year-to-date the Dow is up +7.14%.

Wednesday, (4) Dow stocks were up, (1) made 52-week lows, and (3) made 52-week highs.

The Dow stock winners Wednesday were led by Caterpillar (CAT) 955.92 (+1.11%), Goldman Sachs 1099.14 (+0.78%) and JPMorgan (JPM) 333.46 (+0.76%).

The Dow stock losers Wednesday were led by Salesforce (CRM) 155.02 (-4.14%), Microsoft (MSFT) 378.91 (-3.79%) and Amazon (AMZN) 237.50 (-3.46%).

The VIX closed Wednesday at 18.44 (+12.37%) and the 10 YR at 4.491 (+1.47%). The VIX is currently at 17.06 (-7.48%). The 10YR is at 4.443 (-0.36%).

Wall Street sold off Wednesday after the Federal Reserve’s first meeting with Kevin Warsh as chairman raised worries about monetary policy going forward. Policymakers’ “dot plot” revealed that nine out of 18 Fed officials now see interest rates increasing in 2026. Complicating the forecast was Warsh’s decision to abstain from submitting a rate forecast. However, the chairman repeatedly emphasized the goal of achieving “price stability” during the press conference, exhibiting a tone seen as rather hawkish.

Initial unemployment claims edged higher last week but were close to consensus, the Labor Department reported Thursday. First-time filings totaled a seasonally adjusted 226,000 for the week ended June 13, up 4,000 from the prior period but just above the Dow Jones consensus for 225,000. Continuing claims, which run a week behind, edged higher to 1.81 million.

Factory activity in the Philadelphia area was a bit stronger than expected in June, according to the regional Federal Reserve bank. The Philadelphia Fed manufacturing index climbed to 10.3 for the month, up from -0.4 in May and better than the Wall Street estimate for 9.8. The employment gauge jumped to 7.9 from -2.8, while prices indexes were little changed. New and unfilled orders as well as shipments all posted strong increases.

U.S. futures are higher, European stocks are mostly higher and Asian markets ended mostly lower.

The national average price of gasoline is down 2.6 cents at $3.9990 per gallon.

Earnings Reports

Nike (NKE) reports earnings on 6/30/26 after the market close.

Goldman Sachs (GS) reports earnings on 7/14/26 before the market open.

JPMorgan (JPM) reports earnings on 7/14/26 before the market open.

Today’s Featured Dow Stock

Goldman Sachs (GS)

Goldman Sachs (GS) 1099.14 (+0.78%) is up +25.04% in 2026.

Financial Calendar

08:30 AM ET Continuing Jobless Claims, 1,800K, 1,795K
08:30 AM ET Initial Jobless Claims, 225K, 229K
08:30 AM ET Jobless Claims 4-Week Avg., 219.00K
08:30 AM ET Philadelphia Fed Manufacturing Index (Jun), 11.4, -0.4
08:30 AM ET Philly Fed Business Conditions (Jun), 53.2
08:30 AM ET Philly Fed CAPEX Index (Jun), 30.90
08:30 AM ET Philly Fed Employment (Jun), -2.8
08:30 AM ET Philly Fed New Orders (Jun), -1.7
08:30 AM ET Philly Fed Prices Paid (Jun), 47.90
10:00 AM ET US Leading Index (MoM) (May), 0.1%, 0.1%
10:30 AM ET Natural Gas Storage, 108B
11:30 AM ET 4-Week Bill Auction, 3.595%
11:30 AM ET 8-Week Bill Auction, 3.610%
13:00 PM ET U.S. Baker Hughes Oil Rig Count, 433
13:00 PM ET U.S. Baker Hughes Total Rig Count, 562
16:00 PM ET US Foreign Buying, T-bonds (Apr), 13.50B
16:00 PM ET Overall Net Capital Flow (Apr), 150.70B
16:00 PM ET TIC Net Long-Term Transactions (Apr), 72.5B, 81.3B
16:00 PM ET TIC Net Long-Term Transactions including Swaps (Apr), 81.30B
16:30 PM ET Fed’s Balance Sheet, 6,725B
16:30 PM ET Reserve Balances with Federal Reserve Banks, 3.111T